O’Reilly AlphaTech Ventures (OATV), the corporate venturing unit of O’Reilly Media, is planning to begin marketing its third fund this Autumn with a target of $75m, according to news provider Fortune.
The fund aims higher than previous funds. In 2010, the firm closed its second fund, OATV II, at $59.25m, and raised $51m for its first fund in 2007.
OATV’s portfolio includes web link shortening service Bitly and social media platform Foursquare. Exited deals include travel planner app TripIt for…
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
